All finance news

Blackstone offers $3.05 bln for office developer Soho China

0 178

June 16 (Reuters) – Office developer Soho China Ltd (0410.HK) on Wednesday said it received a takeover offer from private equity giant Blackstone Group (BX.N) for HK$23.66 billion ($3.05 billion).

The company said its listing on the Hong Kong stock exchange would be maintained after the offer is closed.

($1 = 7.7620 Hong Kong dollars)

Reporting by Anushka Trivedi in Bengaluru; editing by Jason Neely

Our Standards: The Thomson Reuters Trust Principles.


Leave A Reply